The aim of the course is to provide an adequate representation of the financial system: it is focused on banks and on their business models, tools, economics, financial reporting, risks and the constraints provided by the European banking Regulatory framework; It also deals with the main aspects and economics of other financial intermediaries (Insurance companies, leasing and factoring companies, consumer finance companies), of financial markets and of financial instruments, and of monetary policy. The course is focused on providing professional knowledge and effective tools. A dual perspective of analysis is assumed both for those working within banks (especially retail banks) or outside banks as consultants. By the end of the course the student should have acquired (1) Knowledge and understanding: read, understand, analyse financial informations andwill be able to understand the key factors and indicators for economic performance in banks, according to risks taken, business model chosen, strategies adopted; (2) Applying knowledge and understanding: Use operational and conceptual tools for analysing financial data in intermediaries' accounts, valuate the return of financial instruments; (3) Making judgements: the analysis and discussions of theoretical problems and of real situations will help students to develop critical capacity to understand questions pertaining the financial system, the financial intermediaries; (4) Communication skills: Acquire adequate problem-solving skills and analytical exposure of problems and related solutions; (5) Learning skills: Acquire the skills necessary for the concrete application of the specific knowledge and skills acquired during the course.